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UV ARC

Oaktree, Hinduja and others bid for Reliance Cap; Advent stays away

Finance

Oaktree, Hinduja and others bid for Reliance Cap; Advent stays away

US private equity major Oaktree Capital, Hinduja Group and Ahmedabad-based Torrent - a consortium of...

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Legal hurdles could bedevil lenders efforts aimed at fresh bidding for RCom's telecom biz

TMT

Legal hurdles could bedevil lenders efforts aimed at fresh bidding for RCom's telecom biz

Lenders to Reliance Communications Ltd (RCom) are considering restarting the bidding process for the...

Grapevine: ARCIL, others bid for Reliance Commercial Finance; Tatas' Air India bid soon

General

Grapevine: ARCIL, others bid for Reliance Commercial Finance; Tatas' Air India bid soon

Thirteen investors submitted bids for Reliance Commercial Finance, which is undergoing an insolvency...

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Level the playing field for ARCs if bad bank pops up: Panellists at VCCircle event

Finance

Level the playing field for ARCs if bad bank pops up: Panellists at VCCircle event

As lenders urge the government for a bad bank amid expectations of a surge in soured debt due to ...

SBI puts Anil Ambani in dock for guarantee given on loans to his firms

Finance

SBI puts Anil Ambani in dock for guarantee given on loans to his firms

The country’s largest lender State Bank of India (SBI) has taken Anil Ambani to the bankruptcy ...

Tribunal okays UV ARC's sharp haircut for Aircel lenders, but with tweaks

TMT

Tribunal okays UV ARC's sharp haircut for Aircel lenders, but with tweaks

The National Company Law Tribunal (NCLT) has approved the insolvency resolution plan of UV Asset ...

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UV ARC set to float maiden distressed assets fund

Finance

UV ARC set to float maiden distressed assets fund

UV Asset Reconstruction Company Ltd (UV ARC) is planning to float its debut fund for buying ...